Grain Stocks Reported By USDA

The USDA also released their most current Grain Stocks report, which takes a look at current inventory of stored grains both here in Wisconsin and the United States overall.

Corn stored in all positions in Wisconsin on March 1, 2022, totaled 421 million bushels, up 29 percent from March 1, 2021, according to the latest USDA, National Agricultural Statistics Service – Grain Stocks report. Of the total stocks, 42 percent were stored on-farm. The December-February 2022 indicated disappearance totaled 11.1 million bushels, 92 percent below the 139 million bushels from the same quarter the previous year.

Soybeans stored in all positions in Wisconsin on March 1, 2022, totaled 55.1 million bushels, up 41 percent from March 1, Of the total stocks, 24 percent were stored on-farm. Indicated disappearance for December-February 2022 was 31.4 million bushels, 5 percent above the 29.9 million bushels from the same quarter the previous year.

Within the US as a whole, corn stocks in all positions on March 1, 2022, totaled 7.85 billion bushels, up 2 percent from March 1, 2021. Of the total stocks, 4.08 billion bushels were stored on farms, up 1 percent from a year earlier. Off-farm stocks, at 3.77 billion bushels, are up 3 percent from a year ago. The December 2021 – February 2022 indicated disappearance is 3.79 billion bushels, compared with 3.60 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2022, totaled 1.93 billion bushels, up 24 percent from March 1, 2021. Soybean stocks stored on farms are estimated at 750 million bushels, up 26 percent from a year ago. Off-farm stocks, at 1.18 billion bushels, are up 22 percent from last March. Indicated disappearance for the December 2021 – February 2022 quarter totaled 1.22 billion bushels, down 12 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2022, totaled 1.02 billion bushels, down 22 percent from a year ago. On-farm stocks are estimated at 174 million bushels, down 39 percent from last March. Off-farm stocks, at 850 million bushels, are down 17 percent from a year ago. The December 2021 – February 2022 indicated disappearance is 353 million bushels, 10 percent below the same period a year earlier.

Oats stored in all positions on March 1, 2022, totaled 43.0 million bushels, 17 percent below the stocks on March 1, 2021. Of the total stocks on hand, 13.6 million bushels were stored on farms, down 20 percent from a year ago. Off-farm stocks totaled 29.4 million bushels, down 15 percent from the previous year. Indicated disappearance during December 2021 – February 2022 totaled 12.4 million bushels, 12 percent above the same period a year ago.